ELVElevance Health

$439.89+28% 1Y

Is the price fair?

Fair

Neither cheap nor expensive: modest expectations priced in and cheap vs its sector, but at the top of its own P/E range.

2 good, 1 to watch
What the price assumes~+1% a year

Priced for ~1% a year FCF growth. The price demands less than its three-year revenue growth of 6% a year, expectations look modest.

Vs its own P/E rangedearer than 93% of its own historyderived

Expensive vs its own history: P/E 18.7 vs a 16.1 median over 42 quarters (+16% vs median).

Vs sector (EV/EBIT)16.6×

Sector median 25.1× across 135 covered peers. EV/EBIT counts debt as part of the price, so a cash-rich and a borrowed company can be compared on the same footing.

Unless marked, from derived, as of Sep 30, 2026.

Against the whole market›

Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.

P/E (valuation)middle of the market
FCF yieldbetter than 70% of the market

Where this answer is blind. The growth-implied estimate assumes a fixed discount rate; capital-heavy sectors look structurally rich on it.

What ELV's price assumes

Elevance Health trades at 18.7× earnings against 25.7× for the median Healthcare Plans name, cheaper than its own group.

18.7

Trailing P/E · Healthcare Plans median 25.7 · cheaper than the typical name in its group

Price / sales
0.47

Price / sales · today's price, trailing year to Sep 30, 2026

Free cash flow yield
6.9%

Free cash flow yield · Healthcare Plans median 7.4%

Growth the price implies
+1.5%

Growth the price implies · The price pays for +1.5% free cash flow growth a year for a decade; the business has delivered −7.6% a year over the last three.

Details›
Price / booktoday's price, trailing year to Sep 30, 2026
2.13
EV / EBIToperating margin 2.7%: the multiple describes the denominator
not meaningful
EV / salestoday's price, trailing year to Sep 30, 2026
0.45
Healthcare median P/E503 names
27.9
Healthcare Plans median P/E11 names
25.7
Free cash flow, trailing twelve months
$6.51B
Market capitalisation216.1 million shares, counted Oct 15, 2026
$95.0B
3-year revenue growth
+6.2%
3-year free cash flow growth
−7.6%
What the market has paid for these earnings: 42 quarters of its own multiple × $23.52 of trailing earnings per share
MethodPer share
Its own P/E history, lower quartile$323.08
Its own P/E history, median$379.15
Its own P/E history, upper quartile$405.68
52-week range$277.89 – $445.34
Today$439.89

Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.

What is it worth?

Today's price against what its own multiples, its cash flow and your growth assumption say it is worth.

Against its own past

Its multiples now against their own history, and how much of the price move came from earnings rather than the multiple.